Question
The cost price of 18 headsets equals the selling price
of 12 headsets. The ratio of the cost price of a headset to a mobile cover is 5:3. The combined selling price of 8 headsets and 12 mobile covers is Rs.2100. Each mobile cover is sold at a 25% profit. Find the cost price of one headset.Solution
Let CP and SP of one headset be a and b. 18a = 12b → a/b = 2/3 CP(headset) = 2x SP(headset) = 3x CP cover = 2x × 3/5 = 6x/5 SP cover = 6x/5 × 125/100 = 3x/2 8×3x + 12×3x/2 = 24x + 18x = 42x = 2100 x = 2100/42 = 50 CP of one headset = 2x = Rs.100
Which of the following is an example of capital expenditure?
Which of the following statement is incorrect?
Depreciation is applicable to:
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following is true about stock options granted to employees (share-based payments) under Ind AS 102?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
What are the reasons for differences between the bank balance and book balance?